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The board unanimously approved five superannuation retirements, six new system memberships, 10 refund requests, and seven transfers to another retirement system. It also approved a $67,120.68 annual pension calculation and four pension recalculations.
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The approvals authorize retirement-related benefits and administrative changes for current and former municipal employees. The board also approved survivor benefits and a distribution of benefits owed after two members’ deaths. No new business was presented, and no action was required on a retiree’s possible return-to-service evaluation.
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